Jun 3, 2025 | Uncategorized
Researchers at Demos and New Economy Project recently published “Public Banks for Racial Equity: Democratizing Finance to Build Community Wealth,” a study that looks at the history and persistence of the racial wealth gap and the role that public banks can...
Feb 24, 2025 | Uncategorized
Do you want to know more about how the ownership, structure, purpose, and transparency of a public bank differs from credit unions, Wall Street and community banks, community development financial institution, and non-depository organizations like finance authorities,...
Feb 20, 2025 | Uncategorized
The Bank of North Dakota has a proven record of responsiveness to natural disaster, providing more than $200 million in assistance to state residents in seven crises since 1997. As Los Angeles public bank advocate Trinity Tran writes, a public bank can provide the...
Feb 19, 2024 | Uncategorized
Good news! “An Act to Create a Massachusetts Public Bank” has received a reporting extension from the Joint Committee on Financial Services. That means we are still able to advocate for passage, including asking for co-sponsors. There has been some great...
Jul 17, 2023 | How you can help, Uncategorized
Members of the public, legislators and staff are invited to a legislative briefing on H.975/S.632, An Act to Establish a Massachusetts Public Bank, on July 18 at 1 p.m. at the State House, Room 428. You can also attend virtually. To RSVP (required for online...
Mar 6, 2023 | Uncategorized
We are delighted to welcome three new co-sponsors to An Act to Establish a Massachusetts Public Bank (H975/S632). Rep. Erika Uyterhoeven represents Somerville’s 27th Middlesex District. Sen. Jason M. Lewis, Fifth Middlesex, and Sen. Julian Cyr (Cape and Islands)...